Sir my final attempt is due in Nov18 but I am still struggling to clear may IPCC gr 2 can you please guide how to prepare fir the exam and write ans so that I can pass the exams in may 17 Because this is my last chance as otherwise my parents will force me to leave CA and opt for some other course

Which situation would be better to go for articleship?? 2nd attempt group 1 pass with average knowledge OR 3rd attempt rank with complete clarity of concepts?

Dear sir,
As per the latest amendment we have to use "amalgamation adjustment reserve a/c" for statutory reserves instead of "amalgamation adjustment a/c",
So sir i want to know where will this NEW
"amalgamation adjustment reserve a/c"
will be shown in balance sheet

In rtp it is written as show it as a separate line item,
What do you mean by this separate line item??
Pls reply ASAP,pls,pls,
Thank you sir.

i am salaried person in qatar and non resident in india for the fy 16-17 i want to file my itr so how to treat my salary income in itr 1 because it exempt due to nri kindly help me

Sir,

We have imported a machinery and paid customs duty on 28/03/2017. CVD and SAD components would have been admissible even if I we were a SSI unit for a few years under the current Central Excise Regime, when later we would be starting paying excise.

Do I need to apply for excise registration specially for carrying forward my CVD and SAD credit in Excise return so that it is available under GST regime?

If an invoice raised is of Rs 100000/- then cash payment for same is allowable to the extent of Rs 10000/ or Rs. 100000/

Hi Sir One of my friend purchased a Piaggio carriage Vehicle in his name and another carriage vehicle on other name. He is getting a cheque of nearly Rs.30000 per month from a company after deducting TDS How this Income should be shown apart from these he is getting a salary Rs.240000 per annum from the same company Which ITR form is applicable? Please suggest Thanks

We have purchased the below assets :-
1) old machine in cash of rs. 125000 and paid 12100 for its installation.
2) old car in cash for rs. 150000 and paid rs. 14000 for repairing in cash and 11500 for insurance in cash.

My queries are that can we capitalise the above assets and debit the expenses which incurred on above. Also can we claim depreciation on the above assets.

Please guide me.

Rakesh sharma

A Private Company recently conducted a Rights Issue. By mistake, one of the Cheque of a Vendor was deposited in Rights Issue Account of the Company instead of the Current Account of the Company. He insists that he does not want to subscribe the Shares of the Company. How can this matter be solved.

Please reply asap.

dear experts, please advise me is the new section of cash receipt above rs. 200000 are applicable on below situations :- 1) 4 bills raised to a party around 60000/- each on different days but total is 2.5 lacs and received cash against the each bill separately i.e. 60000/- around on different days. 2) issued a single invoice of rs. 2.5 lacs and received cash partly against this invoice on different days each entry is below 10000/- 3) cash paid rs. 2.5 lacs in a single entry against 10 different bills of same party. please advise rakesh sharma